pic
Why Israel?pic
Incentives and Benefitspic
Conditional Grants
Taxation Benefits
Employment Support
Support for R&D Collaboration
Vocational Training Support
Information for Investorspic
Innovation Ecosystempic
Recent International M&Aspic
Business Sectorspic
Success Storiespic
About Uspic
Eventspic

NEWS
JVP AND MICROSOFT VENTURES LAUNCH CYBER ACCELERATOR

07/2014
EU AND ISRAEL SIGN HORIZON 2020

07/2014
OFFICE OF THE CHIEF SCIENTIST LAUNCHES NEW TECH INCUBATORS

07/2014
STARBUCKS INSTALLS ISRAELI POWERMAT TECHNOLOGIES

07/2014
VIETNAM INVESTIGATES ISRAELI AGROTECH

07/2014
EU DELEGATION BRINGS 35 COMPANIES TO EXPLORE OPPORTUNITY IN ISRAEL

07/2014
NEW RESEARCH COLLABORATIONS WITH FRANCE, CALIFORNIA

07/2014
ARGO RE-WALK CLEARED FOR HOME-USE BY FDA

07/2014
ISRAEL TOPS 2014 GLOBAL CLEANTECH INNOVATION INDEX

07/2014
NEW BILATERAL FUND LAUNCHED BY UK, ISRAEL

06/2014
INVESTMENTS CENTER RELEASES NEW INVESTMENT INCENTIVES

06/2014
STATE OF MASSACHUSETTS AND ISRAEL DEEPEN ECONOMIC TIES

06/2014
JOINT RESEARCH CENTER LAUNCHED BY UNIVERSITIES IN TEL AVIV AND BEIJING

06/2014
MICROSOFT LAUNCHES ACCELERATOR IN ISRAEL, 1ST IN COMPANY'S HISTORY

06/2014
RAD LAUNCHES R&D CENTER IN BE'ER SHEVA WITH OFFICE OF CHIEF SCIENTIST

06/2014
AOL INTERESTED IN ISRAELI START-UPS

06/2014
BOSTON'S PTC PUTTING $7 MILLION INTO ROBOTICS CENTER AT ISRAEL'S TECHNION

06/2014
BELL LABS LAUNCHES RESEARCH CENTER IN ISRAEL

06/2014
EVENTS
CONDITIONAL GRANTS

Conditional Grants


Objective:

Designed to accelerate Israel's industrial capability, the Law for the Encouragement of Capital Investments offers industrial companies conditional grants as outlined herein.

Type of Support:

Grants for production equipment, facilities, and fixed assets, conditional upon their acquisition or construction in the framework of a program approved by the Investment Centers Administration

Eligibility:

Applying companies must meet the following criteria:

• Must be an industrial enterprise, registered in Israel

• Must be located in designated National Priority Region

• Must be internationally competitive (i.e. have export capability), excepting biotechnology and nanotechnology companies

• Must not have simultaneously applied or been approved for an employment grant as detailed below (excepting enterprises employing disabled persons)

• For structural grants: Must not have pending legal questions surrounding the structure

• Service industries, the agricultural industry (including refrigeration facilities), the mineral and natural gas industries are not eligible for aid within this framework

Terms of Grant:

Grants are accorded at 20% of the amount of investment in fixed assets, as outlined in the approved program.

Application Process:

Applications are reviewed thoroughly by the Investments Center Administration and 'approved enterprise' status is granted at the conclusion of a review procedure that includes submission of a detailed business plan, subject to various considerations.


Last modified: 7/20/2014 pic